“Socialism is great until you run out of other people’s money”
I was watching “I want your money” this past week and it got me thinking about how much our country is heading in the wrong direction. Many of us know it. Look at any major poll and you will see frustration everywhere!
If you haven’t seen this documentary check it out!
It is interesting to see the major differences between Presidents like Reagan and Obama and the philosophical differences in those who believe capitalism is the way to go versus those who think socialism is the key to our future.
What many of our politicians don’t understand is this is not about winning an election but rather it’s about the morality and financial condition of our country. Why are our leaders so concerned about elections when they should be focused on solving problems?
Go stick your head in the sand!
It amazes me how many people think our financial mess will just disappear without actually fixing the problems that created the mess. It’s kind of like sticking your head in the sand “hoping” for “change”. Change happens when you take the proper actions…
Want to see how the great “socialism experiment” worked? Go ask Greece! Their failed socialist wealth-state policies have done them in:
Challenges facing Greece:
· Debt/GDP ratio of over 150%, forecast to be 170% by 2013.
· An uncompetitive economy with only two primary economic drivers: Tourism and shipping.
· Greek government revenue declined sharply in May 2011 while government spending rose sharply, leading to a large step backward and a further widening of the deficit.
· A government which is in turmoil and a population that feels betrayed by politicians and the Greek elite.
· Widespread public outrage against proposed EU/IMF austerity measures and state asset sales; 76% of Greek citizens believe government measures cannot fix the economy, 74% of Greek citizens want a renegotiation of the 2010 bailout terms.
· A culture of pervasive tax evasion
· A bloated & inefficient public sector which has run up a significant percentage of the debt that currently plagues Greece
· The last and probably most controversial bullet point – A failure of the private sector in Greece to move the country forward and to become competitive with other EU economies. (SOURCE: The Stock Sage 6-19-11)
You can’t promise the moon forever. Eventually as the quote says: “you run out of other people’s money”.
If you look where the U.S. is heading I see many similarities between Greece and the United States. In the U.S., we see business owners paralyzed: Afraid to hire, afraid to invest, afraid to carry on with business. With the monetary effects of Obamacare lingering, uncertainty in future taxation, concerns about massive inflation, and a softening economy, what incentive do business owners have to hire right now?
Obamanomics isn’t working!
Many claim he “inherited” a bad economy, but that was 3 years ago! Are you better off financially today than you were three years ago? My guess is most of us would say a resounding “No”!
Capitalism, on the other hand, isn’t perfect. But it creates prosperity for individuals and for the economy. It gets businesses and individuals investing for the future.
Capitalism works best because it is the only social and economic system that aligns itself with the combined human spirits of achievement, ambition, self-improvement, individualism, self-esteem, and initiative.
This means less government intervention!
Ronald Reagan was dead on when he said:
“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
This is not the way to get America prosperous again. We need to get people working again! We need smaller government, less social programs, and to get back to our American roots. Our country was founded upon faith, hope, and love. We, as a country, have tried so hard to keep God out of our country, but it is He who made us great. Without Him, we are just people. But through Him, we are extraordinary people who can accomplish almost anything.
I know I am getting a little political today and may offend some. But the stakes are too high right now not to speak up. Are you getting involved? Are you willing to fight for the real “change” we can believe in? It’s not just a campaign slogan. Actions speak louder than words!